Some Business and Legal Considerations for the Virtual World Entrepreneur

18 Pages Posted: 20 Aug 2008  

Candidus Dougherty

Rutgers School of Law - Camden

Date Written: August 18, 2008

Abstract

In this article, I discuss some of the business and legal issues posed by creating a virtual world-based business. In Part One, I start by briefly discussing some of the relevant lingo and terminology associated with virtual world use. In Part Two, I explore whether there is a real opportunity for success and profit-making potential in a virtual world-based business and some of the preliminary considerations when generating a business plan and strategy. In Part Three, I review the legal issues posed by operating a business in the virtual world, Second Life.

Keywords: virtual world, Second Life, gambling, UIGEA, World of Warcraft, virtual crime

Suggested Citation

Dougherty, Candidus, Some Business and Legal Considerations for the Virtual World Entrepreneur (August 18, 2008). Available at SSRN: https://ssrn.com/abstract=1236002 or http://dx.doi.org/10.2139/ssrn.1236002

Candidus Dougherty (Contact Author)

Rutgers School of Law - Camden ( email )

NJ
United States

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